President Donald Trump’s threat to impose new tariffs on India over its participation in the BRICS forum puts New Delhi in a tough position as it races to finalize a favorable trade deal with the US.Trump said Tuesday that India could face an additional 10% tariff alongside other members of BRICS — a bloc of emerging economies he has labeled “Anti-American.

India is set to send a high-level delegation to Washington next week to fast-track talks on a bilateral trade pact as the US tariff suspension on Indian goods ends on August 1.

India is currently looking to strike a favorable trade deal with the United States as US President Donald Trump is threatening to impose new tariffs on India over its participation in the BRICS forum,